LNG - Cheniere Energy, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD
49.49
-1.02 (-2.02%)
As of 2:55PM EDT. Market open.
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Previous Close50.51
Open50.22
Bid49.47 x 800
Ask49.50 x 800
Day's Range49.38 - 50.40
52 Week Range27.06 - 69.71
Volume757,531
Avg. Volume2,436,500
Market Cap12.477B
Beta (5Y Monthly)1.65
PE Ratio (TTM)14.32
EPS (TTM)3.46
Earnings DateAug. 06, 2020 - Aug. 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est65.30
  • Cheniere Publishes Inaugural Corporate Responsibility Report
    Business Wire

    Cheniere Publishes Inaugural Corporate Responsibility Report

    Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE American: LNG) announced today that it has published its inaugural corporate responsibility report, titled First and Forward. The report identifies and details Cheniere’s performance on environmental, social and governance (ESG) metrics, and describes the Company’s important role as a responsible, sustainable business advancing the global transition to a lower carbon future. Cheniere’s corporate responsibility report includes disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Sustainable Accounting Standards Board (SASB) and other leading reporting standards. Cheniere’s corporate responsibility report is expected to be updated and published annually.

  • Implied Volatility Surging for Cheniere Energy (LNG) Stock Options
    Zacks

    Implied Volatility Surging for Cheniere Energy (LNG) Stock Options

    Investors need to pay close attention to Cheniere Energy (LNG) stock based on the movements in the options market lately.

  • LNG Buyers Seen Rejecting Fewer U.S. Cargoes as Prices Rise
    Bloomberg

    LNG Buyers Seen Rejecting Fewer U.S. Cargoes as Prices Rise

    (Bloomberg) -- Buyers of U.S. liquefied natural gas will probably cancel fewer shipments scheduled for August than they do for July as prices show signs of recovery, according to traders.Cheniere Energy Inc., the nation’s biggest producer of LNG, received requests from buyers to forgo 16-23 cargoes for August, according to a person with knowledge of the matter.Traders surveyed by Bloomberg News speculated that cancellations from all U.S. terminals could total between 25-45 cargoes for August. The final figure is likely to be fewer than those for July, when 35-45 loadings are expected to be canceled, they said.The potential drop in canceled cargoes may signal that the global LNG market is starting to recover from the Covid-19 pandemic, which has hammered demand in an already oversupplied space. While the market is still struggling with a glut, price differences between the main U.S., Europe and Asia trading regions have started to recover ahead of next winter.Requests have been made to cancel shipments from both the Sabine Pass and Corpus Christi terminals in the Gulf Coast, said the person, who asked not to be identified as the information isn’t public. Cheniere offers customers the option to cancel cargoes, though buyers needed to provide notice by June 20 to not take August loads and they still have to pay processing costs.Cheniere’s trading arm, which is slated to take about 9 cargoes for August, hasn’t decided yet whether to skip those shipments, the person added.“The flexibility inherent in our LNG contracts -- destination flexibility and the option to not lift cargoes, but pay the liquefaction fee -- helps our customers effectively manage their energy portfolios through market cycles, while still providing Cheniere with reliable cash flow,” Eben Burnham-Snyder, a spokesman for Cheniere, said by email.Read more: Shell CEO Says LNG Market Will Recover to Pre-Virus LevelsNatural gas prices in Europe and Asia must be above Henry Hub, the U.S. benchmark, by a certain amount to justify shipping to those regions. While the 18-cent premium of Europe’s TTF marker is still largely uneconomical for August-loading shipments, the situation is an improvement when compared to July’s 38-cent discount, traders said.Henry Hub has slid since May, “and we have seen increased freight inquiries for shipping out of the U.S. in August to assess whether it makes sense to ship or cancel,” said Oystein Kalleklev, chief executive officer at tanker owner Flex LNG Ltd. in Oslo. “So expect slightly higher lifting in August versus July as charters can then load and float a month for selling into October.” The heating season begins in that month for most regions, and prices would be expected to rise.It is only from September 2021 that significant positive cash margins reemerge, but even with expected neutral cash margins, U.S. cargo cancellations are expected to disappear or diminish significantly, Graeme Wildgoose, manager for LNG and gas consulting for Europe, Middle East and Africa at Poten & Partners, said in a webinar last week.“The natural tendency of off-takers is likely to be to take the LNG, accept the risk of the cargo and hope that the prices will improve,” he said.(Updates with details about Cheniere’s trading arm in the sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Thomson Reuters StreetEvents

    Edited Transcript of LNG earnings conference call or presentation 30-Apr-20 3:00pm GMT

    Q1 2020 Cheniere Energy Inc Earnings Call

  • Cheniere Secures $2.5B in Loan Pledges From 17 Finance Firms
    Zacks

    Cheniere Secures $2.5B in Loan Pledges From 17 Finance Firms

    Cheniere Energy's (LNG) proceeds from borrowings under the term loan will be utilized to repay the existing 11% convertible senior secured notes due 2025.

  • Here's Why We Think Cheniere Energy (NYSEMKT:LNG) Is Well Worth Watching
    Simply Wall St.

    Here's Why We Think Cheniere Energy (NYSEMKT:LNG) Is Well Worth Watching

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • Cheniere Energy, Inc. Announces Commitments for Term Loan Facility to Refinance Convertible Notes
    Business Wire

    Cheniere Energy, Inc. Announces Commitments for Term Loan Facility to Refinance Convertible Notes

    Cheniere Energy, Inc. (NYSE American: LNG) announced today that it has obtained commitments from 17 financial institutions for an approximately $2.5 billion three-year delayed draw Senior Secured Term Loan at Cheniere Energy, Inc. (the "Cheniere Term Loan"), with the ability to add further commitments from additional financial institutions. Proceeds from borrowings under the Cheniere Term Loan, along with cash on the balance sheet, are expected to be used to (i) repay the existing 11.0% Convertible Senior Secured Notes due 2025 issued by Cheniere CCH HoldCo II, LLC, (ii) repay and/or repurchase the 4.875% Convertible PIK Notes due 2021 issued by Cheniere and (iii) pay related fees and expenses. The Cheniere Term Loan will rank pari passu with the existing $1.25 billion Cheniere Revolving Credit Facility.

  • Motley Fool

    Here's Why Tellurian Stock Is Down 21% Thursday

    Shares of LNG exporter start-up Tellurian (NASDAQ: TELL) were down 21.2% at 1:40 p.m. EDT on Thursday, in an ugly day on Wall Street that's hitting energy stocks particularly hard. Tellurian, like most oil and gas companies, has had a brutal 2020. As a result, Tellurian has seen one big investor back out of a potential deal to help fund Driftwood, and has struggled to find anyone else to step in as a replacement.

  • The Zacks Analyst Blog Highlights: Brighthouse Financial, Cheniere Energy, Atlantic Power and Atlas Air Worldwide
    Zacks

    The Zacks Analyst Blog Highlights: Brighthouse Financial, Cheniere Energy, Atlantic Power and Atlas Air Worldwide

    The Zacks Analyst Blog Highlights: Brighthouse Financial, Cheniere Energy, Atlantic Power and Atlas Air Worldwide

  • 4 Top Stocks With Explosive Growth From Undervalued Sectors
    Zacks

    4 Top Stocks With Explosive Growth From Undervalued Sectors

    The S&P 500 has turned slightly positive for this year while Nasdaq hit new highs in just 16 weeks after coronavirus fears smashed stocks.

  • Better Buy: Cheniere Energy vs. Tellurian
    Motley Fool

    Better Buy: Cheniere Energy vs. Tellurian

    One is the biggest pure-play LNG exporter in North America, and is making money today. The other has a very uncertain future, but could deliver immense gains if it can survive.

  • Cheniere Energy (LNG) Upgraded to Buy: Here's Why
    Zacks

    Cheniere Energy (LNG) Upgraded to Buy: Here's Why

    Cheniere Energy (LNG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

  • ProPetro (PUMP) Q1 Earnings Top Estimates, Revenues Fall Y/Y
    Zacks

    ProPetro (PUMP) Q1 Earnings Top Estimates, Revenues Fall Y/Y

    ProPetro's (PUMP) pressure pumping division makes up 97.9% of the company's top line in the first quarter.

  • How Cheniere Energy Plans to Survive the Oil and Gas Downturn
    Motley Fool

    How Cheniere Energy Plans to Survive the Oil and Gas Downturn

    Founded nearly 40 years ago, Cheniere Energy (NYSEMKT: LNG) is one of the largest American liquefied natural gas (LNG) producers and exporters. Although the COVID-19 pandemic has resulted in slowing energy demand and has interfered with LNG supply lines and project schedules, Cheniere Energy thinks it can survive this oil and gas downturn. In its quarterly earnings call on April 30, Cheniere noted that Asia's LNG imports increased 7% year-over-year in the quarter, Europe's increased by 25% year-over-year, and U.S. deliveries to Europe increased by 40% quarter-over-quarter.

  • Oilprice.com

    U.S. LNG Investment Suffers As Demand Dwindles

    Weak demand is sparking a wave of natural gas cargo cancelations in the United States, and the situation may be about to become even more dire

  • Why Unitil Corporation’s (NYSE:UTL) Return On Capital Employed Is Impressive
    Simply Wall St.

    Why Unitil Corporation’s (NYSE:UTL) Return On Capital Employed Is Impressive

    Today we'll evaluate Unitil Corporation (NYSE:UTL) to determine whether it could have potential as an investment idea...

  • Cheniere Energy Q1 Earnings, Revenues Top on Solid LNG Volumes
    Zacks

    Cheniere Energy Q1 Earnings, Revenues Top on Solid LNG Volumes

    In Q1, Cheniere Energy's (LNG) share repurchase stands at an aggregate of 2.9 million for $155 million under its buyback program.

  • Is There An Opportunity With Cheniere Energy, Inc.'s (NYSEMKT:LNG) 50% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Cheniere Energy, Inc.'s (NYSEMKT:LNG) 50% Undervaluation?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cheniere Energy, Inc...

  • Is Cheniere Energy (LNG) a Great Value Stock Right Now?
    Zacks

    Is Cheniere Energy (LNG) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Top Ranked Momentum Stocks to Buy for May 6th
    Zacks

    Top Ranked Momentum Stocks to Buy for May 6th

    Top Ranked Momentum Stocks to Buy for May 6th

  • The Worst May Be Over For Oil
    Oilprice.com

    The Worst May Be Over For Oil

    Oil prices spiked on Tuesday morning as demand appears to be slowly returning while non-OPEC supply continues to go offline

  • Cheniere Energy (LNG) Q1 2020 Earnings Call Transcript
    Motley Fool

    Cheniere Energy (LNG) Q1 2020 Earnings Call Transcript

    Joining me today are Jack Fusco, Cheniere's president and CEO; Anatol Feygin, executive vice president and chief commercial officer; and Michael Wortley, executive vice president and CFO. The call agenda is shown on Slide 3.

  • Cheniere Reports First Quarter 2020 Results and Reconfirms Full Year 2020 Guidance
    Business Wire

    Cheniere Reports First Quarter 2020 Results and Reconfirms Full Year 2020 Guidance

    Cheniere Energy, Inc. (NYSE American: LNG):

  • Oilprice.com

    The LNG Market Is “Imploding”

    While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering

  • Cheniere to Host Virtual Annual Meeting of Shareholders
    Business Wire

    Cheniere to Host Virtual Annual Meeting of Shareholders

    Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE American: LNG) announced today that its 2020 Annual Meeting of Shareholders ("Annual Meeting") will be conducted solely as a virtual meeting online due to the public health impact of the COVID-19 pandemic. A virtual Annual Meeting will help support the health and well-being of our shareholders, employees, and our community, while adhering to government-recommended and required limits on gatherings and events.